Pradhan Mantri Kaushal Vikas Yojana (PMKVY) : Analysis

Read Scheme basics from Prelims Notes
What happened?
Data reveals that out of a total 30.67 lakh candidates who had been trained, less than a tenth — 2.9 lakh candidates — had received placement offers.
  • Lack of quality training
  • Information asymmetry regarding the demand-supply dynamics of skilled candidates
What government is planning now?
  • Centre is now planning to shift focus to district-level schemes to yield better results in the short-term for its skilling initiative.
  • Under the relaunched PMKVY, which started October 2, 2016 placement tracking has been made mandatory
  • Now, the focus is going to be on greater participation of states
  • And bringing district collectors into the picture to ensure delivery at the district level and monitoring of skilling schemes at the ministry level.



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